Skip to main content

Helium Evolution Incorporated(HEVI-X)
TSX Venture

Today's Change
Delayed Last Update

Stocks in play: Helium Evolution Incorporated

Baystreet - Fri Oct 21, 2022

Announced enhancements and amendments to the existing farmout agreement with North American Helium, through the execution of an Amended and Restated Farmout Agreement dated October 20. The Amended Farmout offers HEVI near-term drilling catalysts that can accelerate cash flow generation without incurring up-front capital costs and allows the Company to retain 99% of its land base. At no cost, HEVI will also receive NAH’s proprietary seismic that was recently used to drill three successful and producing NAH wells in the Mankota area, giving HEVI greater insight and valuable data that can be used in identifying future targets. Helium Evolution Incorporated shares V.HEVI are trading unchanged at $0.15.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe